Nonprofit Organizations Insurance
Insurance for Nonprofit Organizations
Nonprofit organizations provide essential social services that benefit communities and their members. These organizations cannot survive without a solid volunteer Board of Directors assigned to elect officers, adopt policies and make major financial decisions for the organization. Although the members of the board are volunteers, there is a certain amount of risk involved in holding one of these positions. Specifically, even when acting in good faith, board members are subject to personal liability, which may affect their personal financial status because of their business decisions. Keep reading to find out more about nonprofit organization insurance.
Therefore, it is imperative that your organization and Board of Directors understand the risks involved as volunteers, their responsibilities as board members and the ways in which they can protect themselves from personal liability. Contact GDI Insurance Agency Inc. today at 209-634-2929 for your California Nonprofit Insurance quote!
Risks and Responsibilities
To combat the chance of affecting the personal liability of board members, nonprofit organizations should assess the risks involved with holding these positions. Your organization should first develop a volunteer risk management committee to identify all risks and pose solutions to minimize potential harm. In addition, you need to ensure that the board members understand their governance responsibilities.
Are you properly screening all of your employees and volunteers?
Though screening volunteers can be a headache, we have the tools to help you do so with ease. This will help ensure volunteers are the right fit for your organization.
We can also help you manage those volunteers with minimal effort with our volunteer safety manual and other educational pieces.
Do you employ temporary workers or teens?
We have the tools to keep you up on all labor laws and youth employment regulations.
Does your insurance agent keep you in the loop with the many nonprofit laws and regulations?
GDI Insurance Agency, Inc. can assist you in understanding the various laws that apply to nonprofit organizations, so you avoid penalties.
Learn About the GDI Client Philosophy!
If You Think This Sounds Too Good To Be True, Here Is What Just A Few Of Our Clients Have To Say about their Insurance:
"“…$385,000 less a year than we were paying
We looked hard at all our budget items, and insurance seemed to be a big fixed expense. GDI found us a policy for $385,000 less a year than we were paying”
-CA Home Builder
"…found me coverage for $140,000 less a year
When everyone else said that was the best they could do, I called GDI, and they found me coverage for $140,000 less a year than anyone else offered.”
-CA Cement Contractor
GDI Insurance Agency, Inc. Your Trusted Business Insurance Experts
At GDI Insurance Agency, Inc. we will do the work for you to ensure you have the best protection plan for your California Nonprofit. Not only that, but as you can see, we will go the extra mile to make sure your business is protected from the inside-out.
Located in Turlock, CA we have offices throughout California’s Central Valley, Northern California and beyond.
To put the GDI Insurance Agency, Inc. experts to work for you, simply fill click our quote button above or call our office today at 1-888-991-2929 to learn more about GDI’s Exclusive California Nonprofit Organization Insurance Program!